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Rental Market Trends in Elmira, NY

What is the average rent in Elmira, NY?

$1,318/month

Average Rent

711 Sq Ft

Average Apartment Size

+3.4%

Increase in the Last Year

As of March 2026, the average rent in Elmira, NY is $1,318 per month. This is 19% lower than the national average rent of $1,627/month, making renting in Elmira more affordable than most cities in the US. When you rent an apartment in Elmira, you can expect to pay about $1,299 per month for a studio, $1,318 for a one-bedroom apartment, and around $1,228 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,299/month
470 Sq Ft
One Bedroom
$1,318/month
711 Sq Ft
Two Bedroom
$1,228/month
975 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,517/month
1,557 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Elmira, NY?

In the past year, rent has increased by 3.4%, which averages out to $46 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Elmira, NY
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Elmira, NY
Percentage*
Rent Range
8% Below $700/month
33% $700 - $1,000/month
33% $1,001 - $1,500/month
25% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Elmira?

Based on current rent prices, Downtown Elmira is the most affordable neighborhood in Elmira.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Elmira
$1,575/month
795 Sq Ft

What are the most expensive neighborhoods in Elmira?

Based on current rent prices, Downtown Elmira is the most expensive neighborhood in Elmira.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Elmira
$1,575/month
795 Sq Ft

Which Elmira neighborhoods have the most rentals available?

The neighborhood in Elmira with the most apartments available is Downtown Elmira .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Elmira
$1,575/month
795 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Elmira, NY?

Because the average rent in Elmira is $1,318, you’ll want to make about $4,393 per month or $52,716 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Elmira, NY

66 Available Apartments for Rent

Search for Nearby Apartments

How does Elmira, NY compare to other nearby cities and neighborhoods?

Use the tool below to compare Elmira, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Elmira, NY

Apartment Averages

Downtown Elmira

Elmira, NY

Downtown Elmira

Elmira, NY

Studio
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One Bedroom
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-
Two Bedroom
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Three Bedroom
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Nearby City Rent Trends

  • Horseheads Average Rent
  • Big Flats Average Rent
  • Corning Average Rent

Apartment communities in Elmira we think you'll love

Six67 College Avenue

Six67 College Avenue

667 College Ave,
Elmira, NY 14901

$1,652 - $1,696

1 Bed

100 West Water Apartments

100 West Water Apartments

100 West Water St,
Elmira, NY 14901

$1,545 - $2,161

1-2 Beds

St. Patrick's Apartments

St. Patrick's Apartments

517 Park Pl,
Elmira, NY 14901

$902 - $996

1 Bed

401 Maple Ave Utilities Included

401 Maple Ave Utilities Included

401 Maple Ave,
Elmira, NY 14904

$1,150

1 Bed

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United States New York Elmira Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity